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Global European Cinema Fund (GECF) Alternatives | Portugal Golden Visa Investment Funds

These are similar Golden Visa eligible funds with comparable investment strategies and requirements. Review each option to find the best match for your investment goals.

Pela Terra II Regenerate Fund

Open

A CMVM-regulated private equity fund investing in large-scale regenerative agriculture projects in Portugal, focusing on degraded land restoration and sustainable high-value crop production.

Minimum Investment:

€100,000

Return Target:

8-10% IRR, ~2.0x MoIC

Term:

10 years

Category:

Private Equity

Manager:

Pela Terra Capital SGOIC, S.A.

Portugal Prime Fund

Open

A closed-end private equity fund regulated by CMVM, investing in Portugal's thriving hospitality sector. Designed to comply fully with the Portugal Golden Visa requirements.

Minimum Investment:

€100,000

Return Target:

5% capped (Capital Preservation) or 10% target (Upside Participation)

Term:

8 years

Category:

Private Equity

Manager:

BiG Capital SGOIC

Flex Space Fund

Open

A CMVM-regulated, closed-end private equity fund investing exclusively in district.space, a Portuguese flex office operator, targeting an underdeveloped market with strong demand and guaranteed exit.

Minimum Investment:

€100,000

Return Target:

11.65% IRR

Term:

8 years

Category:

Private Equity

Manager:

Insula Capital SGOIC

Portugal Prime, FCR

Open

Closed-end CMVM-regulated private equity fund investing in hospitality operators (non-real-estate) across Portugal's tourism sector; offers two tracks — 2% p.a. fixed (Capital Preservation, exit at citizenship) or ~10% target IRR (Upside, exit at maturity); Golden Visa eligible (minimum €100,000).

Minimum Investment:

€100,000

Return Target:

2% p.a. fixed (Capital Preservation) or ~10% target IRR (Upside)

Term:

8 years

Category:

Private Equity

Manager:

Biz Capital SGOIC

Growth Blue Fund

Closed

Closed-ended private equity fund targeting profitable SMEs and mid-caps in the "Blue Economy," with €28 m anchor commitment from the European Investment Fund and eligibility for the Portuguese Golden Visa (minimum €100 000 investment).

Minimum Investment:

€100,000

Return Target:

IRR > 20% & > 3.3× MoM

Term:

10 years

Category:

Private Equity

Manager:

Growth Partners Capital, S.A.

INZ Fund

Open

A Golden Visa–eligible private equity vehicle investing in companies that finance and operate solar panel projects, focusing on stable returns from long-term lease agreements and power purchase agreements.

Minimum Investment:

€500,000

Return Target:

8% per year, 1.64x target multiple

Term:

8 years

Category:

Private Equity

Manager:

STAG Fund Management SCR, S.A.

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